Research Update: Daimler AG Ratings Affirmed At 'A-/A-2' And Taken Off UCO On Updated Captive Finance Criteria; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: Daimler AG Ratings Affirmed At 'A-/A-2' And Taken Off UCO On Updated Captive Finance Criteria; Outlook Stable

Research Update: Daimler AG Ratings Affirmed At 'A-/A-2' And Taken Off UCO On Updated Captive Finance Criteria; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: Daimler AG Ratings Affirmed At 'A-/A-2' And Taken Off UCO On Updated Captive Finance Criteria; Outlook Stable
Published Dec 18, 2015
7 pages (2212 words) — Published Dec 18, 2015
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services published its updated criteria for assessing how captive finance operations affect the creditworthiness of a nonfinancial corporate issuer on Dec. 14, 2015. We are affirming our 'A-/A-2' corporate credit ratings on Daimler AG. The outlook remains stable. At the same time, we have removed from the ratings the under criteria observation (UCO) identifier we applied on Dec. 14, 2015. On Dec. 18, 2015, Standard&Poor's Ratings Services affirmed its 'A-/A-2' long- and short-term corporate credit ratings on Germany-based premium automotive and truck manufacturer Daimler AG, and affirmed all ratings on the group's debt. The outlook remains stable. At the same time, we have removed from the ratings the under criteria observation (UCO) identifier we

  
Brief Excerpt:

...(Editor's Note: In the previous version of this article, we included a Mexican entity. Our updated criteria for assessing captive finance operations will not apply in Mexico until it has been registered there. A corrected version follows.)...

  
Report Type:

Research Update

Ticker
DAI@GR
Issuer
Mercedes-Benz Group AG
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers, Structured Finance
Country
Germany
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Daimler AG Ratings Affirmed At 'A-/A-2' And Taken Off UCO On Updated Captive Finance Criteria; Outlook Stable" Dec 18, 2015. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Daimler-AG-Ratings-Affirmed-At-A-A-2-And-Taken-Off-UCO-On-Updated-Captive-Finance-Criteria-Outlook-Stable-2946913>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Daimler AG Ratings Affirmed At 'A-/A-2' And Taken Off UCO On Updated Captive Finance Criteria; Outlook Stable Dec 18, 2015. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Daimler-AG-Ratings-Affirmed-At-A-A-2-And-Taken-Off-UCO-On-Updated-Captive-Finance-Criteria-Outlook-Stable-2946913>
  
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